Spectral AI receives Nasdaq delisting notice for failing $35M market value requirement

Spectral AI, Inc.

Nasdaq notified Spectral AI on June 3, 2024, of non-compliance with minimum market value of listed securities ($35M).
Company has 180 calendar days, until December 2, 2024, to regain compliance.
Can cure if market cap closes at or above $35M for 10 consecutive business days during the period.
If not cured, Nasdaq may grant a second 180-day period or begin delisting; appeal rights exist.

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